DIGG gold-backed cryptocurrency. The initial token was launched two years ago as DIG and has been changing from hands and company until now when finally a strong association of companies and influencers have acquired and will launched it in the coming months. DIGG is backed by 0.02445 grams of gold per token, up to a maximum of 3 billion tokens. The gold audit is done by the famous and prestigious company Bureau Veritas.
Dignity Gold, LLC is a Delaware registered, revenue-generating company that is a leader in crypto securities. The Company was founded in 2019 by Stephen Braverman and Kent Swig. The Company is issuing an asset-backed crypto security coin, DIGG, which incorporates the latest cryptographic technology and is backed by SION Trading FZE’s (“SION”) for 80,000 kilograms of gold bullion held in Dubai, United Arab Emirates.
In order to be as open and compliant as possible, Dignity has preemptively decided to operate and proceed with this offering on the assumption that the DIGG token is a security and as such will strive to follow all securities regulations as well as rules and guidelines from the Financial Industry Regulatory Authority (“FINRA”) and the Securities and Exchange Commission (the “SEC”).
Each new DIGG Token will contain a pre-coded lending agreement allowing Dignity to use the DIGG as collateral for borrowing and investing. Any returns on these investments could be shared with the DIGG holders.
Dignity intends to use the lending feature of the DIGG Tokens to borrow funds against the DIGG held by investors. Those funds will be used for various investment opportunities in order to generate revenue for the Company. A portion of the resulting revenues or profits may be shared with the holders of the DIGG Tokens.
These are the new Corporate Advisor Engagements:
Tritaurian Capital, a FINRA registered U.S. investment bank serves as the compliance consultant to Dignity Gold, LLC and is the foremost expert in compliant and regulated security token offerings. It is the first broker/dealer to be approved for a license to sell digital private placement securities using distributed ledger technology, otherwise known as blockchain technology. Tritaurian believes that blockchain-based securities offer the opportunity to improve record keeping and transparency through the open nature of blockchains while increasing security and compliance through the programmable nature of blockchain tokens. By capitalizing on the background of its principals in investment banking, entrepreneurial growth companies and transformational technologies, Tritaurian examines every angle and opportunity for its clients in order to provide the highest quality financial advice and service possible.
Carlton Fields serves as legal counsel to Dignity Gold, LLC and is one of the leading firms in the United States within the practice of Securities and Investors. Specifically, the securities industry turns to Carlton Fields for its regulatory, enforcement, litigation, corporate finance and corporate needs. The National practice serves publicly-held corporations as well as the broker-dealer, investment advisor, and investment company components of the Securities Industry.
Loeb & Loeb is a premier law firm focused on helping organizations and individuals innovate, grow and evolve in a changing world. Our market-leading practice and industry teams deliver practical insight and strategic solutions in complex deals, high profile disputes, cutting-edge regulatory issues and other matters critical to our clients success. The firm has nearly 400 lawyers across eight offices in the United States and Asia. This material may be considered attorney advertising.
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All the information published here has been collected from https://dignitygold.com the official website of the company.
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